AEP Oklahoma utility seeks wind bids

American Electric Power (NYSE:AEP) subsidiary Public Service Co. of Oklahoma (PSO) has issued a request for proposals (RFP) seeking long-term purchases of up to 200 MW of new wind energy resources.

Public Service of Oklahoma is seeking submission by wind projects in advanced stages of development and capable of taking advantage of federal production tax credits for wind power projects.

The utility is looking for projects with a minimum capacity of 80 MW.

Another AEP subsidiary, Indiana Michigan Power, also announced June 10 that it had reached a power purchase agreement with a new wind power project in Indiana following an RFP that was issued earlier this year.

The PSO delivery period would begin on Jan. 1, 2016, and any contracts entered into as a result of this RFP would be subject to approvals from the Oklahoma Corporation Commission.

Tulsa-based PSO has over 4,200 MW of generating capacity and has executed long-term wind energy purchase agreements totaling approximately 690 MW.

PSO is seeking agreements with one or more facilities to be located in Oklahoma and interconnected to a transmission facility of the Southwest Power Pool (SPP). The RFP seeks proposals from eligible projects and bidders for a long-term 20 year Renewable Energy Purchase Agreement.

The company plans to actually executive the agreement in late August and then making a regulatory filing with the state commission in September.

A pre-bid conference call for potential bidders will be conducted June 19 with proposals to be submitted by July 1.

The renewable RFP will fulfill a portion of PSO’s energy requirements consistent with the company’s latest Integrated Resource Plan as any purchases under the RFP will largely go to replace a PPA which is expiring at the end of 2015.

Questions about the RFP may be sent by e-mail to PSOWindEnergyRFP2013@aep.com.

 

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.